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I believe in CA, the reason for pulling out is that CA limits the amount the companies can increase premiums[1]. So less crashes is one way to bring them back.
by Thorrez 10mo ago
I believe in CA, the reason for pulling out is that CA limits the amount the companies can increase premiums[1]. So less crashes is one way to bring them back. Allowing them to increase premiums more is another way to bring them back.
[1] https://old.reddit.com/r/explainlikeimfive/comments/1c7lm5b/eli5_why_are_insurance_companies_leaving_entire/l08vgzg/ https://old.reddit.com/r/explainlikeimfive/comments/1c7lm5b/...